Lower oil prices impact the insurance industry
The GDP for energy-producing countries has been impacted by this slowdown. The harsher economic conditions are behind the lower ratings of several insurers in 2016. The number of degraded ratings has outpaced that of revalorization. Moreover, excess capacity and stiff competition have strained most vulnerable insurers and the new entrants into the markets.
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Mon, 03/04/2017 - 12:14
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